Credit Risk Management Contracts

Credit Risk Management
UK

The table below provides summary statistics for contract job vacancies requiring Credit Risk Management skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Credit Risk Management over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 578 677 837
Rank change year-on-year +99 +160 -111
Contract jobs citing Credit Risk Management 6 20 11
As % of all contract jobs advertised in the UK 0.014% 0.036% 0.013%
As % of the Processes & Methodologies category 0.016% 0.040% 0.014%
Number of daily rates quoted 5 15 5
10th Percentile £211 £380 £525
25th Percentile £396 - £563
Median daily rate (50th Percentile) £600 £400 £650
Median % change year-on-year +50.00% -38.46% +24.70%
75th Percentile £644 £669 £950
90th Percentile £948 £802 £980
UK excluding London median daily rate £600 £400 -
% change year-on-year +50.00% - -

All Process and Methodology Skills
UK

Credit Risk Management falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,178 49,770 79,013
As % of all contract IT jobs advertised in the UK 85.13% 89.61% 90.64%
Number of daily rates quoted 23,737 34,458 55,587
10th Percentile £300 £325 £350
25th Percentile £413 £438 £436
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £650
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,579 1,678 1,852
10th Percentile £12.75 £10.96 £12.50
25th Percentile £16.00 £15.75 £15.90
Median hourly rate £37.00 £35.65 £26.00
Median % change year-on-year +3.79% +37.12% +13.04%
75th Percentile £61.28 £65.00 £50.15
90th Percentile £72.50 £75.00 £65.25
UK excluding London median hourly rate £38.12 £34.90 £21.00
% change year-on-year +9.23% +66.18% -

Credit Risk Management
Job Vacancy Trend

Job postings citing Credit Risk Management as a proportion of all IT jobs advertised.

Job vacancy trend for Credit Risk Management in the UK

Credit Risk Management
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Credit Risk Management.

Daily rate trend for Credit Risk Management in the UK

Credit Risk Management
Daily Rate Histogram

Daily rate distribution for jobs citing Credit Risk Management over the 6 months to 12 June 2024.

Daily rate histogram for Credit Risk Management in the UK

Credit Risk Management
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Credit Risk Management.

Hourly rate trend for Credit Risk Management in the UK

Credit Risk Management
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Risk Management within the UK over the 6 months to 12 June 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +72 6 £600 +50.00% 11
London +78 5 £518 -30.54% 11
Work from Home +108 1 £88 -78.26% 3
UK excluding London +19 1 £600 +50.00%
South East - 1 £600 -

Credit Risk Management
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (33.33%) SharePoint
2 1 (16.67%) SAS
Applications
1 2 (33.33%) Microsoft Excel
2 1 (16.67%) Microsoft Office
2 1 (16.67%) Microsoft Project
Cloud Services
1 1 (16.67%) Asana
1 1 (16.67%) Collibra
1 1 (16.67%) Microsoft Purview
1 1 (16.67%) Power Platform
Database & Business Intelligence
1 2 (33.33%) KNIME
2 1 (16.67%) Data Warehouse
2 1 (16.67%) MS Access
2 1 (16.67%) Power BI
2 1 (16.67%) RDBMS
2 1 (16.67%) Relational Database
2 1 (16.67%) Tableau
Development Applications
1 1 (16.67%) JIRA
General
1 3 (50.00%) Finance
2 2 (33.33%) Financial Institution
3 1 (16.67%) Banking
3 1 (16.67%) Retail
3 1 (16.67%) Social Skills
Job Titles
1 3 (50.00%) Analyst
1 3 (50.00%) Data Analyst
2 2 (33.33%) Credit Risk Manager
2 2 (33.33%) Risk Manager
3 1 (16.67%) Banking Project Manager
3 1 (16.67%) Business Data Analyst
3 1 (16.67%) C++ Developer
3 1 (16.67%) C++ Quantitative Developer
3 1 (16.67%) Credit Risk Project Manager
3 1 (16.67%) Developer
3 1 (16.67%) Project Manager
3 1 (16.67%) Quantitative Developer
3 1 (16.67%) Risk Project Manager
3 1 (16.67%) Transformation Analyst
Miscellaneous
1 6 (100.00%) Credit Risk
2 1 (16.67%) Algorithms
2 1 (16.67%) Data Structures
Processes & Methodologies
1 5 (83.33%) Risk Management
2 4 (66.67%) Analytics
3 3 (50.00%) Business Intelligence
4 2 (33.33%) Data Modelling
4 2 (33.33%) Data Pipeline
4 2 (33.33%) Workflow
5 1 (16.67%) Agile
5 1 (16.67%) Credit Risk Modelling
5 1 (16.67%) Curve Construction
5 1 (16.67%) Data Lineage
5 1 (16.67%) Data Management
5 1 (16.67%) Impact Analysis
5 1 (16.67%) Mathematics
5 1 (16.67%) Problem-Solving
5 1 (16.67%) Project Delivery
5 1 (16.67%) Project Planning
5 1 (16.67%) Prototyping
5 1 (16.67%) Quantitative Finance
5 1 (16.67%) Regulatory Change
5 1 (16.67%) Stakeholder Management
Programming Languages
1 3 (50.00%) Python
1 3 (50.00%) SQL
2 2 (33.33%) VBA
3 1 (16.67%) C++
3 1 (16.67%) Java
3 1 (16.67%) JavaScript
3 1 (16.67%) R
3 1 (16.67%) VB
Qualifications
1 2 (33.33%) CISA
1 2 (33.33%) CRISC
2 1 (16.67%) Computer Science Degree
2 1 (16.67%) Degree
Quality Assurance & Compliance
1 1 (16.67%) Accessibility
1 1 (16.67%) Data Quality
1 1 (16.67%) IFRS
1 1 (16.67%) IFRS 9
Vendors
1 2 (33.33%) Microsoft
2 1 (16.67%) Informatica